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it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in hawaii that he wanted something that would be scaled down, not a massive grand bargain that would protect the current tax rate for people who earned less than $250,000 a year or perhaps a different figure if they reached that. but trying to protect the middle class. so officials here haven't seen it yet, but this is kind of today's volley in what has been this ongoing battle. house speaker john boehner has been saying the president must act and it appears the president is prepared to do that with another offer. and senate democrats would presumably be right on board with that. hopefully we will get details sometime this afternoon. then we'll see where we are. there isn't much time left. as you know, there are many people who have sorted of scaled back the breathless approach to what is a fiscal cliff and are a little bit more low key about it now. obviously, there are deadlines. but if it goes
it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in hawaii that he wanted something that would be scaled down, not a massive grand bargain that would protect the current tax rate for people who earned less than $250,000 a year or perhaps a different figure if they reached that. but trying to protect the middle class. so officials here haven't seen it yet, but this is kind of today's volley in...
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the on the fiscal cliff is not reefed. while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >> it's really time for republicans to face reality. i would hope the house of representatives would look closely at what's going on with senators coming out saying please, mr. speaker, do something about protecting the middle class. >>
the on the fiscal cliff is not reefed. while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >> it's...
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thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think that's grossly unfair. grossly unfair. as i have said before, no deal is better than a bad deal, and this looks like a very bad deal the way this is shaping up. >> so, senator kuhns, is $400,000 on individuals a bad deal as tom harken described, it or is some deal better than no deal at this point? >> well, first, let's just talk about our broader values and the context we're operating in. given the real financial strains on our federal budget, given divided government where the house is controlled by republicans, the s
thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends...
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Dec 4, 2012
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that's really what the crux of this fiscal cliff negotiation -- what these fiscal cliff negotiations are all about. they're about fairness. when the president and congressional democrats talk about the need for balanced approach, to deficit reduction and dealing with the fiscal cliff, we're talking about fairness. we're talking about making sure that if you work hard and play by the rules everyone has a chance to succeed. that the middle class needs certainly tight right now. speaker pelosi and my colleague congressman tim walls, filed a discharge petition today to take the bill that we have, that has already passed the senate, that grants certainty to the middle class, to take that bill up and make sure that we can extend the middle class tax breaks before the holidays where we can give -- that's what everyone agrees on. i don't know any republican or democrat that thinks we should let those tax rates -- tax cuts for the middle class expire. so we should pass that now. and then on the things that we're having more trouble agreeing on, we should sit down at the table. the one thing i
that's really what the crux of this fiscal cliff negotiation -- what these fiscal cliff negotiations are all about. they're about fairness. when the president and congressional democrats talk about the need for balanced approach, to deficit reduction and dealing with the fiscal cliff, we're talking about fairness. we're talking about making sure that if you work hard and play by the rules everyone has a chance to succeed. that the middle class needs certainly tight right now. speaker pelosi and...
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Nov 2, 2012
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with fiscal cliff, dealing with the debt, the pressure from the business community will be overwhelming you knuckle heads get your acts together that maybe that will offset an even more deeply divided house of representatives and senate for that matter. >> although, one could argue that, you know, there was that vote, that first t.a.r.p. vote against all of the conventional wisdom of the time about the importance of the t.a.r.p. vote, and if you have fewer people who are rooted in traditional politics or traditional economics, you may not have people joining this congress -- >> that's exactly right. >> willing to make deals. >> it could be -- it could require something in the markets like immediately after the t.a.r.p. vote and the 780 something point drop in the dow to focus minds and change behavior. it shouldn't -- we shouldn't need that, but my guess is, we could have a couple days in that general direction. >> we'll be joining you in new york charlie cook for our election coverage. thanks so much. chris cizilla, thanks to you. we'll see you later. >> thank you. >> meanwhile in stat
with fiscal cliff, dealing with the debt, the pressure from the business community will be overwhelming you knuckle heads get your acts together that maybe that will offset an even more deeply divided house of representatives and senate for that matter. >> although, one could argue that, you know, there was that vote, that first t.a.r.p. vote against all of the conventional wisdom of the time about the importance of the t.a.r.p. vote, and if you have fewer people who are rooted in...
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no, ifs, or buts and any room of negotiating on that specific aspect of the fiscal cliff? >> i am withholding judgment with respect to how the entire process surrounding general petraeus came up. you know, we don't have all the information yet. but i want to say that i have a lot of confidence generally in the fbi and they have got a difficult job. and so, i'm going to wait and see to see if there's any other -- >> is there a way that you should have known? might have -- >> well, i mean, chuck, what i'll say is that if -- it is also possible that had we been told then you'd be sitting here asking a question about why were you interfering in a criminal investigation. so, i think it's best right now to for us to just see how this whole process unfolded. with respect to the tax rates, i just want to emphasize, i am hope to new ideas. if the republican counterparts or some democrats have a great idea for us to raise revenue, maintain progressivity abnd the middle class isn't hit, decreases the deficit, increases growth, i want to hear idea -- i want to hear ideas from everybod
no, ifs, or buts and any room of negotiating on that specific aspect of the fiscal cliff? >> i am withholding judgment with respect to how the entire process surrounding general petraeus came up. you know, we don't have all the information yet. but i want to say that i have a lot of confidence generally in the fbi and they have got a difficult job. and so, i'm going to wait and see to see if there's any other -- >> is there a way that you should have known? might have -- >>...
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we immediate to deal with the medicare fiscal cliff or you are not going on get your medical bills paid. >> remembering an american original. >> iraqis are dumb muff to attack her going to pay a terrible price. >> nicknamed stormin' norman for his ledgendary temper. he died thursday due to complications from pneumonia. >>> it is a year comes to a close, we look back at the amr moments that left us starstruck and speechless in 2012. >>> good day. i'm luke russert. live in washington, d.c. in for andrea this afternoon is the calm before the economic storm white house officials and congressional leaders have kept quiet. ahead of the pivotal round table discussions we all hope can produce some kind of plan to prevent a fiscal cliff dive in the new year. you guessed it. another day without a deal means more losses on wall street. look at those numbers will. 68 down for the dow. joining for the daily fix, nbc white house correspondent peter alexander. nbc's kelly o'donnell live on capitol hill. and jonathan capeheart. peter, let me start with you. there's this meeting at 3:00 p.m. at the whit
we immediate to deal with the medicare fiscal cliff or you are not going on get your medical bills paid. >> remembering an american original. >> iraqis are dumb muff to attack her going to pay a terrible price. >> nicknamed stormin' norman for his ledgendary temper. he died thursday due to complications from pneumonia. >>> it is a year comes to a close, we look back at the amr moments that left us starstruck and speechless in 2012. >>> good day. i'm luke...
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so that we both avoid the fiscal cliff and bring some needed certainty to our economy so that people can invest again. >> so do you think that this is just a last move to show his caucus that he tried and that he fought hard or it's just a negotiating tactic? >> i don't -- it's really hard to -- it's really -- particularly this late in the day with two weeks left before the end of the end of the year and the deadlines looming for the fiscal cliff, i don't know why they're spending a two-day string just to show that it's going to be unsuccessful. i think he should get back to the negotiating table. if he wanted to do something that might actually be successful, he could pass the senate pass bill which would extend tax relief for 98% of americans and then negotiate the rest from there, but this just seems like, you know, he is just trying to prove, as i said, trying to prove something to his caucus, maybe to the hard right republican base. in the end of the day it's just wasting time, i think, for at least for the next 48 hours. >> john, thank you very much. thanks for being with us to
so that we both avoid the fiscal cliff and bring some needed certainty to our economy so that people can invest again. >> so do you think that this is just a last move to show his caucus that he tried and that he fought hard or it's just a negotiating tactic? >> i don't -- it's really hard to -- it's really -- particularly this late in the day with two weeks left before the end of the end of the year and the deadlines looming for the fiscal cliff, i don't know why they're spending a...
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that will prevent us from going off the fiscal cliff and probably going to be a deal that the white house will be happy with. i think it's increasingly clear that the white house has the upper hand, they're better off if -- they're better off than republicans if we go over the fiscal cliff. they have leverage from the campaign. that's the directionion -- speaker boehner today kept the door open to raising rates on the wealthy as part of a negotiating plan. >> at the white house, what are you hearing as to how much flexibility the president thinks he has? >> it's interesting. i had an interesting conversation yesterday with senator sheldon, white house democrat from rhode island, on the senate budget committee, he said look if we go through january 1st without a deal, it's not the end of the world. it will be the end of the world if they never get resolved. if they don't get resolved until mid january or february we'll be okay. from the white house and democrats we want a deal but not afraid to go past this deadline without a deal as susan said, they know they have the upper hand and
that will prevent us from going off the fiscal cliff and probably going to be a deal that the white house will be happy with. i think it's increasingly clear that the white house has the upper hand, they're better off if -- they're better off than republicans if we go over the fiscal cliff. they have leverage from the campaign. that's the directionion -- speaker boehner today kept the door open to raising rates on the wealthy as part of a negotiating plan. >> at the white house, what are...
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cliff. in a video released by his campaign an emotional obama thanked his campaign workers in chicago. sn>> >>. >> what you guys have done means that the work i'm doing is approved. i'm really proud of all of you. and -- [ applause ] >> a rare sign of emotion from the president a day after his election. good day, i'm andrea mitchell live in washington. let the negotiations begin. house and senate leaders have now staked out their opening positions. now the president will put down his markers. we're only moments from his scheduled first post-election speech at the white house addressing the most urgent crisis of the lame-duck session, the fiscal cliff. without a deal, the congressional budget office now projects that if the tax cuts expire and the budget cuts kick in, unemployment would jump to 9.1% by the end of next year and the nation's economy could slide into another recession. joining me for our daily fix, special panel, chris cizilla, msnbc contributor and managing editor of post polit
cliff. in a video released by his campaign an emotional obama thanked his campaign workers in chicago. sn>> >>. >> what you guys have done means that the work i'm doing is approved. i'm really proud of all of you. and -- [ applause ] >> a rare sign of emotion from the president a day after his election. good day, i'm andrea mitchell live in washington. let the negotiations begin. house and senate leaders have now staked out their opening positions. now the president will...
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, and you also have the fiscal cliff problem. he i don't feel has the secretary of state who has said she will stay in in national hockey league a replacement is there. it is normal to get that done right before the inauguration. he has a lot of team because both of these people's, senator kerry or ambassador rice, are fully vetted. they've been around for a while. people know them. they know the sort of things they've said and the records pretty clear and public, so either one of them can move pretty quickly through the process because they both have been vetted and been so high profile and public over a long period of time. >> is -- you don't think that she's been damaged by people -- by all of these hits she's had to endure without having the full defense that you would have if you were a nominee? plus, the fact that this would open a whole benghazi investigation. >> as you know, andrea, there is a commission that's reporting soon to the secretary of state on benghazi, but, as you know, once a nominee is named, you basically g
, and you also have the fiscal cliff problem. he i don't feel has the secretary of state who has said she will stay in in national hockey league a replacement is there. it is normal to get that done right before the inauguration. he has a lot of team because both of these people's, senator kerry or ambassador rice, are fully vetted. they've been around for a while. people know them. they know the sort of things they've said and the records pretty clear and public, so either one of them can move...
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done on the fiscal cliff. >> it'll be interesting to see whether any of the republicans take any wisdom from the example of thaddeus stevens and his willingness to compromise some of his more radical positions in order to get the 13th amendment passed. >> one can only hope. >> we're going to be watching for you, you're co-hosting "the sick cycle" at 3:00. >> kornacki, get well quick. >>> that does it for us. for this edition of "andrea mitchell reports." >>> coming up in our next hour, we have the very latest on the fiscal cliff negotiations including new reaction from speaker boehner and senate majority leader reid after their meetings with secretary geithner on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an historic u.n. vote on the palestinian's bid for statehood. israel's vice prime minister joins me live. now we ne
done on the fiscal cliff. >> it'll be interesting to see whether any of the republicans take any wisdom from the example of thaddeus stevens and his willingness to compromise some of his more radical positions in order to get the 13th amendment passed. >> one can only hope. >> we're going to be watching for you, you're co-hosting "the sick cycle" at 3:00. >> kornacki, get well quick. >>> that does it for us. for this edition of "andrea mitchell...
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just days ago he looked to avoid a fiscal cliff. will a deal get done? a newspaper under heavy criticism now for publishing the names of local gun permit legal local gun permit holders online. details on that are next on n "news nation." e reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. ♪ [ male announcer ] it started long ago. the joy of giving something everything yo
just days ago he looked to avoid a fiscal cliff. will a deal get done? a newspaper under heavy criticism now for publishing the names of local gun permit legal local gun permit holders online. details on that are next on n "news nation." e reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if...
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is there anything that they are going to do and what about the fiscal cliff? >> well, they'll probably keep the government running past september 30th and there may be some relief for farmers, of course they can't get a multiyear farm bill passed about us may be a temporary deal cut to help the drought rav vanled farmers of the country. but on the fiscal cliff it's unlikely anything will happen before election day. and if governor romney does win, unlikely anything would happen during the lame-duck session before the new congress is sworn in january. so, the outlook for the fall is pretty limited and even for after election day, if romney wins, nothing probably going to happen. president obama is re-elected, you could see some action in that lame duck before the fiscal cliff sets in. as you mentioned on january 1st. but the betting on capitol hill is, if romney wins this thing, nothing is going to happen until january. >> jonathan, i have been a little sort of surprised by the use of the sequester as a political tool against the white house since my recollecti
is there anything that they are going to do and what about the fiscal cliff? >> well, they'll probably keep the government running past september 30th and there may be some relief for farmers, of course they can't get a multiyear farm bill passed about us may be a temporary deal cut to help the drought rav vanled farmers of the country. but on the fiscal cliff it's unlikely anything will happen before election day. and if governor romney does win, unlikely anything would happen during the...
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cliff talks. meanwhile, nbc's first read team says any deal reached should be a fragile one or could be. "news nation" is coming up in three. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99.
cliff talks. meanwhile, nbc's first read team says any deal reached should be a fragile one or could be. "news nation" is coming up in three. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real...
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Nov 7, 2012
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cliff. which john boehner will show up? the one to make a deal or otect the flank of the tea party? >> it's a fascinating question. as soon as it ends, there is a real and looming crisis for the country. my guess is that john boehner does not sort of offer too much in the way of branches or stick too hard line. the statements the day after the election is an opening bid. i do not think after john boehner watched the president be re-elected between 300 and 332 electoral votes and democrats pick up seats in the u.s. senate and after he party lose a handful of seats in the house, i don't think he's going to go hard line and i don't think he's con sillatory either. >> thanks so much. it's going to be a good ride. that does it for us. tomorrow, we have virginia governor bob macdonald. hi, tamron. >> great to see you. in the next hour, the home coming you might call it. president obama ready to leave chicago and head back to washington fresh off his victory. that's happening in the next hour. cons
cliff. which john boehner will show up? the one to make a deal or otect the flank of the tea party? >> it's a fascinating question. as soon as it ends, there is a real and looming crisis for the country. my guess is that john boehner does not sort of offer too much in the way of branches or stick too hard line. the statements the day after the election is an opening bid. i do not think after john boehner watched the president be re-elected between 300 and 332 electoral votes and democrats...
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cliff if there is no budget deal by year's end. during senate testimony today, fed chairman ben bernanke painted a grim picture of a worst case scenario. >> the congressional budget office has estimated that if the full range of tax increases and spending cuts were allowed to take effect, a scenario widely referred to as the fiscal cliff, a shallow recession could occur early next year and about one and a quarter million fewer jobs would be created in 2013. >> with me now is former georgia senator, democratic senator sam nunn, who is part of a committee for responsible federal budget which is launching a new effort to find a long-term budget agreement. welcome. it is so good to see you. thanks so much for being here. are you talking about the simpson-bowles or rivlin-domenici approach to this? why do you want to get the conversation started now? everyone is talking about nothing being done until after the election. >> number one, we have a very fragile global economy. number two, we have a fragile u.s. economy. number three, neithe
cliff if there is no budget deal by year's end. during senate testimony today, fed chairman ben bernanke painted a grim picture of a worst case scenario. >> the congressional budget office has estimated that if the full range of tax increases and spending cuts were allowed to take effect, a scenario widely referred to as the fiscal cliff, a shallow recession could occur early next year and about one and a quarter million fewer jobs would be created in 2013. >> with me now is former...
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the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the middle of the country. they wind up representing their two-party bases, the people that deeply disagree. democratic base does not want entitlement cuts, republican base does not want to raise taxes. but people in general like the idea congress can get something done on something big. now, i would say there's a little bit of devil in the details. the question does ask about entitlements and taxes, but what entitlements, what specifics on the taxes. i think if you add in those things, the polling i've seen is people like the idea of a deal, but when you say the deal
the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the...
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well look, i think first and foremost, everybody understands the fiscal cliff issues that we have to deal with over the course of the 70 days after the election that all the bush tax rates are expiring, you know, that we have sequestration cuts we're looking at. i will say this, this election when the president's re-elected should break this fever of washington gridlock. it is time that republicans come to the table and understand that we've got to get something done on the big pressing issues of our time that can no longer just say no, no, no. it's time to come and work with this president and get something done on behalf of the american people to make sure our country's safe, strong and secure. >> robert gibbs, thank you so much for taking time on election day. good luck to you and your campaign. >> thank you. >> and up next, the other side of the story, former mississippi governor haley barbour. msnbc election night coverage kicks off tonight at 6:00 eastern with al sharpton, ed schultz, lawrence o'donnell and steve schmidt and more "andrea mitchell reports" coming up next live fr
well look, i think first and foremost, everybody understands the fiscal cliff issues that we have to deal with over the course of the 70 days after the election that all the bush tax rates are expiring, you know, that we have sequestration cuts we're looking at. i will say this, this election when the president's re-elected should break this fever of washington gridlock. it is time that republicans come to the table and understand that we've got to get something done on the big pressing issues...
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what are the other impacts that you think could be realized if there is no deal on the fiscal cliff? >> that's right, andrea. we looked at what would happen if the middle-class tax cuts are not extended. the typical middle-class family with two children would see a $2200 tax increase next year if the tax cuts are not extended. that will hit their pocketbook. that would reduce consumption by 1.7 percentage points and reduce gdp growth by 1.4 percentage points and would be a big hit to retailers. we calculate that about $200 billion less would be spent next year than would otherwise be the case if the tax cuts for the middle class are not extended. and just to put that in perspective, that's about four times as much as spent over black friday weekend. >> why isn't there more action? we don't see the leaders coming to the hill, we don't see any meetings. what is going on perhaps behind the scenes because mitch mcconnell, among others, critics of the president, of course, were saying where is the presidential engagement. why is he going out to the public and continuing a political campai
what are the other impacts that you think could be realized if there is no deal on the fiscal cliff? >> that's right, andrea. we looked at what would happen if the middle-class tax cuts are not extended. the typical middle-class family with two children would see a $2200 tax increase next year if the tax cuts are not extended. that will hit their pocketbook. that would reduce consumption by 1.7 percentage points and reduce gdp growth by 1.4 percentage points and would be a big hit to...
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cliff is not focusing attention. the report that mitch mcconnell laughed yesterday when timothy geithner presented the white house position, this is the mitch mcconnell who said we're going to -- my main goal is to defeat the president, not give him a second term. >> how is that working? >> senator mcconnell, second term is here, things have changed, and the obama -- the last term where he was reaching out offering to negotiate from the middle, is gone. you know, he's going to put out there what he wants because he won and there is not a chance of defeating him now. at least in an election. and i don't think on this issue. on the issue of middle class tax cuts republicans want to go forward saying we raised taxes on the middle class. >> but chris, doesn't the white house have to be a little more specific about what's in that $400 billion of medicare cuts? i mean they're trying to smoke out what the republicans are willing to go for, but each side is suspicious, understandably, they will get hammered publicly. >> that
cliff is not focusing attention. the report that mitch mcconnell laughed yesterday when timothy geithner presented the white house position, this is the mitch mcconnell who said we're going to -- my main goal is to defeat the president, not give him a second term. >> how is that working? >> senator mcconnell, second term is here, things have changed, and the obama -- the last term where he was reaching out offering to negotiate from the middle, is gone. you know, he's going to put...
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would be done and they wouldn't go off the fiscal cliff. certainly some people are trying to be optimistic but it's pretty tough right now. >> we have to leave it there. i think a little bit optimistic but not a whole lot. in fact, pretty gloomy. how could you be gloomy on such a beautiful day? gillian tett, peter orszag, thank you both very much. >>> up next, the politico briefing. we're live in aspen with the man himself. mike allen. this is "andrea mitchell reports." ♪ ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. tdd# 1-800-345-2550 there are atm fees. tdd# 1-800-345-2550 account service fees. tdd# 1-800-345-2550 and the most dreaded fees of all, hidden fees. tdd# 1-800-345-2550 at charles schwab, you won't pay fees on top of fees. tdd# 1-800-345-2550 no monthly account service fees. tdd# 1-800-345-2550 no hidden fees. tdd# 1-800-345-2550 and we rebate every atm fee. tdd# 1-800-345-2550 so talk to chuck td
would be done and they wouldn't go off the fiscal cliff. certainly some people are trying to be optimistic but it's pretty tough right now. >> we have to leave it there. i think a little bit optimistic but not a whole lot. in fact, pretty gloomy. how could you be gloomy on such a beautiful day? gillian tett, peter orszag, thank you both very much. >>> up next, the politico briefing. we're live in aspen with the man himself. mike allen. this is "andrea mitchell reports."...
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Nov 8, 2012
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how do you approach the fiscal cliff in. >> well, of course the fiscal cliff has two pieces. one the across the board meat ax sequester cuts which everybody agrees are a bad way to cut the deficit. and i do believe we'll find a way to buy down those cuts, find alternative ways to save money for a temporary period while we negotiate other things. now, on the tax part of the fiscal cliff, i would argue strongly that that was a major part of the campaign and -- >> i'm talking about the budget cuts, right. >> he was crystal clear he said we should avoid the main part of the fiscal cliff by extending all of the middle class tax cuts and that number you used of around $500 billion, most of that comes from the middle class tax cuts and what the president has said we should extend all of those middle class tax cuts right away. it's republicans who have said, wait a minute, nobody gets any tax relief unless very wealthy people, people like mitt romney, get this bonus tax break. >> but the president has said he would veto a bill that would extend all of the bush tax cuts, give the weal
how do you approach the fiscal cliff in. >> well, of course the fiscal cliff has two pieces. one the across the board meat ax sequester cuts which everybody agrees are a bad way to cut the deficit. and i do believe we'll find a way to buy down those cuts, find alternative ways to save money for a temporary period while we negotiate other things. now, on the tax part of the fiscal cliff, i would argue strongly that that was a major part of the campaign and -- >> i'm talking about the...
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Dec 13, 2012
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spending. >>> only 19 days left until the fiscal cliff. why are republicans letting congress go home? >> once again having a two-day workweek in the congress of the united states. you have to ask the question why are we going home instead of working very hard to forge an agreement to avoid that fiscal cliff? >> hillary clinton heads to capitol hill next week to testify about the benghazi terror attack armed with poll numbers that make her the envy of the political world. does that mean she'll run four years from now? listen to her response to barbara walters. >> what would it take to convince you to run in -- >> that's all hypothetical because right now i have no intention of running. sfoo right now at least. and a might of 1,000 rock stars in new york city. the boss, paul mccartney, bon jovi, billy joel, alicia keys, among others, all coming together to raise money for hurricane sandy victims. keep fans rocking well past midnight. ♪ ♪ who says you can't go home there's only one place they call you one of their own a hometown boy born
spending. >>> only 19 days left until the fiscal cliff. why are republicans letting congress go home? >> once again having a two-day workweek in the congress of the united states. you have to ask the question why are we going home instead of working very hard to forge an agreement to avoid that fiscal cliff? >> hillary clinton heads to capitol hill next week to testify about the benghazi terror attack armed with poll numbers that make her the envy of the political world....
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Nov 19, 2012
11/12
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on these important problems like the fiscal cliff, education. we have members of congress that recognize that people want them to be problem solvers and work across the aisle. we'll be announcing these 40 members in short order and that represents the kind of mood we're seeing in the shift in congress. >> let me ask you both about mitt romney's post-election comments last wednesday, be in a telephone conference call with donors. many of the donors not too happy apparently or understandably with the election results. and the reaction -- well, david gregory asked lindsey graham about it and his reaction yesterday on "meet the press." >> we're in a big hole. we're not getting out of it by comments like that. when you're in a hole, stop digging. he keeps digging. most people are on public asiens don't have a character flaw. they just have a tough life. i want to create more jobs and the focus should be on how to create more jobs, not demonize those who find themselves in hard times. >> mark, seems to be a real struggle right now for the heart and so
on these important problems like the fiscal cliff, education. we have members of congress that recognize that people want them to be problem solvers and work across the aisle. we'll be announcing these 40 members in short order and that represents the kind of mood we're seeing in the shift in congress. >> let me ask you both about mitt romney's post-election comments last wednesday, be in a telephone conference call with donors. many of the donors not too happy apparently or...
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Dec 3, 2012
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it makes no sense at all to go past the fiscal cliff, maybe solve that problem, and then run right into a debt ceiling discussion. so i think what the white house is signaling is that at a minimum, any deficit package has to include this immediate february and march debt ceiling that we're going to hit. >> is jack lew the current chief of staff and former budget director the top candidate to be treasury? what is your best guess? >> he appears to be the frontrunner from everything you see and read and hear and he is a -- i've known him a long time. he's an accomplished guy. he knows these issues perfectly. he has worked in the financial community and has a sense of that and vice versa. and so i think he would be a it terrific choice. >> we should say there are a couple other people who have been rumored to being vetted. roger altman, former treasury official, larry fink, be erskine bowles. this what is alan simpson, erskine bowles' partner in the deficit commission, had to say about that possibility last week on the show. >> he said he would be very pleased to do that. he shared that wit
it makes no sense at all to go past the fiscal cliff, maybe solve that problem, and then run right into a debt ceiling discussion. so i think what the white house is signaling is that at a minimum, any deficit package has to include this immediate february and march debt ceiling that we're going to hit. >> is jack lew the current chief of staff and former budget director the top candidate to be treasury? what is your best guess? >> he appears to be the frontrunner from everything...
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Oct 9, 2012
10/12
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. >> now, one of the other issues is the fiscal cliff and the gang of eight meeting at mount vernon today. i know you're not one of the eight, you're very plugged in, obviously, to what they're doing. do you think they're going to be able to reach an agreement after the election and avoid this fiscal cliff? >> we have lots of people who will work real hard on this, senator baucus on the finance committee done a lot of work on tax reform and other members are, but our best hope to get something done is the group of eight, all people well intentioned. and if they can overcome the deadlock we've had on revenues so far, i think we can get a deal. the suggestion i made today is aimed at them as well as everybody else, saying hey, if we want to get a real deal, the way to do it on revenues is take all -- certainly close all those loop holes that don't belong, but instead of using that money to reduce taxes on the wealthiest amongst us, use the money to reduce the deficit and we can get a deal. >> you know joe biden better than almost anyone, worked alongside him so many years in the senate. wha
. >> now, one of the other issues is the fiscal cliff and the gang of eight meeting at mount vernon today. i know you're not one of the eight, you're very plugged in, obviously, to what they're doing. do you think they're going to be able to reach an agreement after the election and avoid this fiscal cliff? >> we have lots of people who will work real hard on this, senator baucus on the finance committee done a lot of work on tax reform and other members are, but our best hope to...
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Nov 12, 2012
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with the challenge to find a way to avoid the fiscal cliff. joining me now, chris cillizza. so the election is over and things are calmed down. what more is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you know, andrea, i hate to sound an optimistic note when it comes to politics, but i do think the signals coming out of john boehner's sort of world, and out of president obama's statement last week is that there can be some common ground here, that president obama, i think, clearly has some leverage due to what happened in the, in his own race, as well as at the senate level. so i think he has that. and then john boehner, i think a little bit more questionable in how much more leverage he has within his own caucus, but we shall see. if both of them can sort of
with the challenge to find a way to avoid the fiscal cliff. joining me now, chris cillizza. so the election is over and things are calmed down. what more is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you...
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Dec 19, 2012
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up the questions, he would get a fiscal cliff question. one of the things i was struck by was it was very clear the president was going to keep taking questions until he got another question on guns. he just kind of kept, okay, i'll take one more, one more, so it was a dual-purposed press conference, both to announce this gun control commission, although the president isn't calling it a commission being led by joe biden, but also kind of get himself get where he believes the fiscal cliff is and where it needs to go, at least rhetorically get himself out on both those things, and he did it. that's the power of the presidency. >> the other question is at the end, until then, all the questions were about the fiscal cliff and no follow-up questions about what exactly policies, what policies are going to be part of this gun task force. >> and that -- what's hard on this, andrea, that's the difficult thing, and i think it may ultimately be when the biden commission -- i got to think of another word, but when the group joe biden is leading makes
up the questions, he would get a fiscal cliff question. one of the things i was struck by was it was very clear the president was going to keep taking questions until he got another question on guns. he just kind of kept, okay, i'll take one more, one more, so it was a dual-purposed press conference, both to announce this gun control commission, although the president isn't calling it a commission being led by joe biden, but also kind of get himself get where he believes the fiscal cliff is and...
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Dec 21, 2012
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cliff from the so-called white house pool. i'm still here with jonathan martin and glen thrush, both experienced white house reporters. he paid tribute to theresa hines-kerry, who started as a u.n. interpreter as a young woman from mozambique who is foreign-born, come to the united states to work at the u.n. also, paying tribute to john kerry and the fact that john kerry gave him his first platform, his first national platform. he was a young state senator in 2004 who was invited to keynote the democratic convention in boston. >> and i'm also reminded of the fact that in 2008 john kerry offered a key endorsement of then senator obama at a rally many south carolina, and that south carolina primary was also hugely important for then senator obama, and john kerry gave him that endorsement. it was a very important day. >> obama also references this debate prep session, which is really -- >> that he worked so hard on. >> because kerry apparently at the initial sessions played it really softball to obama and people like david plouff
cliff from the so-called white house pool. i'm still here with jonathan martin and glen thrush, both experienced white house reporters. he paid tribute to theresa hines-kerry, who started as a u.n. interpreter as a young woman from mozambique who is foreign-born, come to the united states to work at the u.n. also, paying tribute to john kerry and the fact that john kerry gave him his first platform, his first national platform. he was a young state senator in 2004 who was invited to keynote the...
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Jul 12, 2012
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the solutions to the fiscal cliff are painful and involve sacrifice on both sides. it's not surprising when you're running a political campaign it isn't your first choice to necessarily deal with a for -- >> walter mondale approved that. >> walter mondale proved that on the tax issue, for sure. the fact is the deadline is coming. i'm not as pessimistic. it's so insane to go over the fiscal cliff that i have to believe at the end of the day people avoid that. what's starting to happen, you're starting to see in the markets nervousness about this. people are starting to focus on it. there's something called the fear index. there are other indices around all suggesting that. this is starting now to get through to the investor community that we have a problem. >> just one other point is there is some conversation on the hill. there was a politico story yesterday that mccain, lindsey graham and other big players, john kerry and others are talking about taxes. >> i think there are a lot of conversations going on on the hill among the responsible people including a lot of
the solutions to the fiscal cliff are painful and involve sacrifice on both sides. it's not surprising when you're running a political campaign it isn't your first choice to necessarily deal with a for -- >> walter mondale approved that. >> walter mondale proved that on the tax issue, for sure. the fact is the deadline is coming. i'm not as pessimistic. it's so insane to go over the fiscal cliff that i have to believe at the end of the day people avoid that. what's starting to...